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Specialist, Portfolio Finance

Company OverviewIntersect Power is a team of friends driven to preserve our planet for future generations through low-carbon energy and infrastructure solutions. Founded in 2016, we develop, own, and operate some of the world’s largest clean energy resources bringing innovative, scalable, and American made, low-carbon solutions to our customers in global energy markets. As a privately held clean energy company, Intersect is laser-focused on the largest, most transformative clean energy projects that decarbonize the existing power grid and bring new loads to clean generation without the need for new transmission. We are redefining the scope of the clean energy industry by enabling new pathways between clean electricity and the broader economy. We are on an aggressive growth trajectory and are looking to fill key roles with talented professionals who want to make an impact.Location & Team GatheringsIntersect has been a fully flexible workplace since its founding in 2016. We’ve been very intentional about the way we do things. We are not work-from-home, hybrid, or in-office – we are any and all of those options! Deepening social connections and offering shared experiences is a cornerstone of the way we work. We connect as a team at our Team Week experiences four times a year and at our recently established Hub locations - SF Bay Area and San Diego, CA; NYC Metro Area, NY; Denver, CO; Houston, TX; Calgary, AB; and Toronto, ON.About This PositionThe Specialist, Portfolio Finance will be responsible for analyzing and maintaining multiple large complex project financial models driving investment decisions and economic outcomes for various project types including Solar, BESS, Hydrogen, Data Centers, Wind etc. Adept at financial modeling in Excel, the Specialist will leverage their skillset to run cases, scenarios and sensitivities across distinct models. The Specialist will be a key member of the Portfolio Finance team reporting directly to Manager, Portfolio Finance within the Capital Markets department. This role requires the ability & willingness to interact with internal stakeholders including, ‘Project Finance’, ‘Asset Management’, ‘FP&A’, and others. The Specialist will also likely be involved in tax equity fundings, construction loans and back-leverage loans as responsibilities increase with time. Active communication in addition to highly organizational skills will ensure success in this role. Knowledge & understanding of tax equity finance, project finance deal structuring, financial derivatives, FP&A and portfolio analytics is a plus.Overview of DepartmentThe Portfolio Finance team is a relatively newly formed team within the Capital Markets department and is growing. Our team is responsible for closing, maintaining, tracking and optimizing structured finance transactions, including non-recourse debt, tax equity, portfolio financings, interest rate management products and hybrid facilities across our portfolio of projects. We act as the strategic team connecting treasury, Asset Management, Project Finance & Corporate finance together, owning and running processes. Our team is responsible for all operating projects financials.Responsibilities and Duties• Assist in overseeing various project or portfolio transactions that have moved from origination and financial close into ongoing maintenance, including construction financing, tax equity, portfolio financing, and hybrid facilities.• Model and value projects or portfolios of projects once the projects are in construction and operation.• Support Portfolio Finance & Asset Management in FP&A activity such as capturing project actuals, budgeting, working capital modeling etc.• Coordinate and submit financial reports to investors.• Liaise with and support Asset Management on normal course reporting.• Support Portfolio Finance & Treasury with ongoing construction financing or hybrid facility draws and support Project Finance with Tax Equity and/or Portfolio Financing fundings.Qualifications and Skills• 1-4 + years of proven track record in investment banking, project finance, buy-side, or corporate finance experience.• Bachelor’s degree. Advanced degrees or certifications are a plus - Significant and relevant experience maintaining or structuring project finance or non-recourse structures. Other types of deal experience is also welcome - we’re looking for a candidate that can own models, and has highly organizational skills.• Significant and relevant experience with financial modeling for large, complex infrastructure or power generation assets.• Experience with different types of power generation, including solar, BESS, wind, gas-fired, or nuclear is preferred.• Tax Equity deal knowledge is strongly preferred.• Collaborative attitude & high organizational skills are fundamental.We value a cultural fit with a can-do attitude that has experience in financial modeling & deck building above all. Our preference is for the skill sets below, but if you don’t check all the boxes please do apply.• A note on qualifications: Studies have shown that women and people of color are less likely to apply for jobs unless they believe they are able to perform every task in the job description. We are most interested in finding the best candidate for the job and will consider any equivalent combination of knowledge, skills, education and experience to meet minimum qualifications. If you are interested in applying, we encourage you to think broadly about your background and skill set for the role.Physical and Sensory Requirements• Mostly sedentary work; using standard office equipment including: a computer, keyboard, and telephone.• Position requires some travel for company-wide meetups: ~5 weeks total through a calendar year.Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in all phases of the application and employment process. To request an accommodation please email hr@intersectpower.com.Salary & Benefits• Salary: $90,000 - $95,000USD base salary with 20% annual target bonus.• Exceptional Healthcare: Access comprehensive medical, dental, and vision plans with 100% premium coverage for both you and your dependents.• Financial Security: Benefit from a 3% non-elective employer contribution to your 401k, ensuring your financial future is on the right track.• Time Off: Unlimited Paid Time Off (PTO) + two company-wide vacation weeks (Fourth of July & End of year). We believe in the importance of rest and relaxation.• Family-Friendly Policies: Experience up to 12 weeks of fully paid parental leave, with an additional 6 weeks for birth parents. We support you through the exciting journey of parenthood.• Mental Health and Well-being: Access mental health and behavioral coaching services through Headspace providing you with the support you need to thrive both personally and professionally.• Family Planning Support: Navigate family planning with ease through our partnership with Carrot and Maven, ensuring a seamless experience for new parents.• Perks: Enjoy a variety of perks, including a $150 USD monthly food stipend on UberEats, pet insurance allowance, and $150 USD monthly phone & internet reimbursement.• Tech-Ready: Gear up with our new hire tech package, including a laptop, monitor, docking station, webcam, headphones, and more. Set up your home office with provided furniture, including a desk and chair.At Intersect Power, we believe in fostering a supportive and enriching environment for our team members. Join us and experience a workplace that truly values you, inside and outside the office!Note: We welcome applicants who do not have current enforceable non-compete restrictions that would hinder their employment with us. If you are currently under a non-compete agreement with a previous employer, we kindly request that you carefully review the terms of that agreement and ensure that your potential employment with us does not violate those terms.Unsolicited resumes or referrals from third-party recruiting firms or agencies are not accepted by Intersect Power.#LI-Remote#J-18808-Ljbffr

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What You Should Know About Specialist, Portfolio Finance, Intersect Power, LLC

At Intersect Power, we're on a mission to make a difference in the world, and we're looking for an enthusiastic Specialist, Portfolio Finance to join our talented team in Glendale, CO. If you're passionate about clean energy and finance, this role could be the perfect fit for you! As a Specialist, Portfolio Finance, you'll play a crucial role in analyzing and maintaining complex financial models for a variety of transformative projects, including solar and wind energy solutions. Your knack for Excel will shine as you navigate through scenarios and sensitivities, driving key investment decisions and economic outcomes. Interact with various departments, including Project Finance and Asset Management, to ensure seamless communication and collaboration. We pride ourselves on our flexible workspace, allowing you to thrive in the environment that suits you best while connecting with our team across various hubs. If you have a background in investment banking or corporate finance, paired with strong organizational skills and a collaborative spirit, we can't wait to see what you bring to our dynamic team. Together, we'll redefine the future of clean energy and make a real impact on our planet!

Frequently Asked Questions (FAQs) for Specialist, Portfolio Finance Role at Intersect Power, LLC
What are the key responsibilities of the Specialist, Portfolio Finance at Intersect Power?

The Specialist, Portfolio Finance at Intersect Power is responsible for analyzing complex financial models related to large clean energy projects. This includes overseeing various project transactions, modeling and valuing projects in construction and operation, coordinating financial reports, and supporting the Portfolio Finance team with FP&A activities. This position involves active communication with several internal stakeholders to ensure smooth operations and effective strategies.

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What qualifications are needed for the Specialist, Portfolio Finance position at Intersect Power?

Candidates looking to apply for the Specialist, Portfolio Finance position at Intersect Power should ideally have 1-4 years of experience in investment banking, project finance, or corporate finance. A Bachelor’s degree is required, and additional certifications or advanced degrees are a plus. Familiarity with large infrastructure financial modeling and knowledge of tax equity finance and project finance deal structuring would greatly benefit applicants.

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How does Intersect Power support the professional development of its Specialist, Portfolio Finance?

Intersect Power understands the importance of professional growth and offers various opportunities for development. The Specialist, Portfolio Finance will have the chance to collaborate with experienced members of the Portfolio Finance team, receive mentorship, and engage in continuous learning through hands-on experience with complex financial models and various clean energy projects.

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Can the Specialist, Portfolio Finance role at Intersect Power be done remotely?

Yes! The Specialist, Portfolio Finance role at Intersect Power offers a flexible work environment. We are proud to be a fully flexible workplace, allowing you to choose the option that fits your lifestyle best, whether that's working from home or in one of our vibrant hubs located across various cities including Denver, CA, and NYC Metro Area.

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What kind of team culture can a Specialist, Portfolio Finance expect at Intersect Power?

The team culture at Intersect Power is built on friendship, collaboration, and a shared mission of advancing clean energy solutions. As a Specialist, Portfolio Finance, you can expect a supportive environment that encourages open communication and teamwork, enhanced by quarterly team gatherings and social connections, ensuring that every member feels valued and integral to our mission.

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Common Interview Questions for Specialist, Portfolio Finance
What financial modeling experience do you have relevant to the Specialist, Portfolio Finance role?

In your response, it’s essential to detail specific financial models you've worked on, emphasizing any large infrastructure projects. Be prepared to describe the types of scenarios you’ve modeled and how they impacted investment decisions. Highlight your proficiency with Excel and any specific functions or techniques you used to create or analyze your models.

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How do you ensure accuracy in your financial reports?

To effectively answer this question, discuss the steps you take to verify data, such as cross-referencing with original sources and implementing checks at various stages of report preparation. You can also mention any tools or software that help you maintain accuracy, as well as the importance of clear documentation for transparency.

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Describe a challenging financial model you have developed.

Focus on a real-life example where you encountered difficulties, such as unexpected changes in project costs or financing terms. Discuss the steps you took to adapt the model, including any communication with stakeholders, and reflect on what you learned from the experience.

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How do you prioritize multiple projects in Portfolio Finance?

Based on your organizational skills, explain your approach to prioritizing tasks. Mention strategies like creating timelines, communicating with team members to understand project urgency, or using project management tools to keep track of milestones and deadlines.

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Can you explain the significance of tax equity in project finance?

Provide a clear and concise explanation of tax equity’s role in financing clean energy projects. Discuss how tax equity investments can lower the capital costs and improve the financial viability of projects. It would help to connect this knowledge to any relevant experience you have in manipulating tax equity structures within financial models.

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What strategies do you recommend for effective communication with stakeholders?

In your answer, highlight the importance of understanding stakeholder needs, being proactive about providing updates, and maintaining transparency throughout the project lifecycle. Good examples from past experiences where you've successfully engaged stakeholders can significantly strengthen your response.

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What are some ways to assess project risk in portfolio finance?

Discuss methodologies you’ve used to evaluate project risks, such as sensitivity analysis, scenario planning, or Monte Carlo simulations. Emphasize your ability to identify, quantify, and communicate potential risks, suggesting strategies for stakeholder engagement around risk management.

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How familiar are you with different types of power generation?

Detail your background with various power generation types you’ve worked with, such as solar, wind, or gas-fired projects. It’s beneficial to explain what specific aspects you’ve encountered in portfolio finance and how they might impact financial modeling.

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Describe your experience with FP&A functions.

In your response, share examples of your involvement in financial planning and analysis activities, such as budgeting processes or working capital modeling. Highlight how these experiences support your qualifications for the Specialist, Portfolio Finance role at Intersect Power.

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What motivates you to work in the clean energy sector?

This question allows you to connect your personal values with the mission of Intersect Power. Share your passion for sustainability, the impact of clean energy on global markets, and how your financial expertise can help further the company’s goals.

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Founded in 2016, Intersect Power is a clean infrastructure company bringing efficient, innovative, and scalable low-carbon solutions to its customers in energy and commodity markets. Our expertise includes all phases of development, design, engine...

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Full-time, hybrid
DATE POSTED
December 12, 2024

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